8 Commonwealth Ave, Claymont, DE 19703
FOR SALE0.28 ACRES

8 Commonwealth Ave
Claymont, DE 19703

  • 16 Beds
  • 10 Baths
  • 11,500 sqft (on 0.28 acres)
  • 16 Beds
  • 10 Baths
  • 11,500 sqft (on 0.28 acres)

$1,999,999

Est. Mortgage $11,844/mo*
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Local Information

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Description

Available now! Once in a lifetime opportunity to own an entire building with Commercial and Residential units. Updated financials will be added. Current owner has increased rents and made numerous improvements throughout. Perfect opportunity to buy now and utilize the increased Cash Flow (and not have to worry about getting costly repairs/upgrades completed). All payments from current tenants are being converted to online payments to make it very easy for the new owner to take over the reigns. Additional Notes Below: A building with a rich history stands proudly at the entrance to Overlook Colony. With the revitalization going on in Claymont, it has seen many changes since 1917 when constructed by General Chemical Company. Initially, the two-story building with a full basement was used as the community center for Overlook Colony and was placed at the main entrance just off of Philadelphia Pike. The Colony was planned and developed by General Chemical to house their employees in what were very nice, substantial homes at the time. Besides being called the community center it was later known as Redman's Hall; a meeting place for a fraternal group. It also housed activities of the Holy Rosary Church and stores including Shinn's and later, Steins. If you walk the halls of our building you will notice a lovely plaque that was presented to the three of us by the Claymont Fire Company. It commemorates the fact that many years ago, all of the organizational meetings of the fire company were held in our building. Also, up until 1924, when the Claymont School was built on a lot donated by General Chemical, the community center provided several rooms to take care of the educational needs of the children in the Colony. In 1989, new owners purchased the building and since then have tried to keep the glory of the building's former days while completely modernizing the structure. Because of our efforts, they were presented with a New Castle County Historic Preservation Award in 2000 and were given a grant of $2,500 from General Chemical in 2002 to help beautify the front of the building. Much thought, work, and finances have been expended over the years.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$174
Listed
38 days ago

Home Details for 8 Commonwealth Ave

Interior Features

Interior Details
Basement: CombinationNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 16Main Level Bedrooms: 16Number of Bathrooms: 10Number of Bathrooms (full): 8Number of Bathrooms (half): 2Number of Bathrooms (main level): 10
Dimensions and Layout
Living Area: 11500 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Other,Natural GasHas CoolingAir Conditioning: Central A/C,ElectricHas HeatingHeating Fuel: Other
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood, Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: ThreeAccessibility: NoneFloors: Hardwood, Luxury Vinyl Plank

Exterior Features

Exterior Home Features
Roof: SlateOther Structures: Above Grade, Below GradeFoundation: PermanentNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 8500 Square FeetFinished Area (below surface): 3000 Square Feet

Days on Market

Days on Market: 38

Property Information

Year Built
Year Built: 1917
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Converted Dwelling, DetachedArchitecture: Contemporary,Traditional
Building
Construction Materials: Stone, MixedNot a New Construction
Property Information
Parcel Number: 06084.00439

Price & Status

Price
List Price: $1,999,999Price Per Sqft: $174
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: ACTIVE

Media

See Virtual Tour

Location

Direction & Address
City: ClaymontCommunity: Overlook Colony
School Information
Elementary School District: BrandywineJr High / Middle School District: BrandywineHigh School District: Brandywine

Agent Information

Listing Agent
Listing ID: DENC2057894

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.28 acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Agency

Compensation

Buyer Agency Commission: 0.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: $
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: DENC2057894
Last check for updates: about 14 hours ago
Listing courtesy of Matt Lenza, (302) 285-9777
Keller Williams Realty Wilmington, (302) 299-1100
Source: Bright MLS, MLS#DENC2057894

Price History for 8 Commonwealth Ave

DatePriceEventSource
03/20/2024$1,999,999Listed For SaleBright MLS #DENC2057894

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Comparable Sales for 8 Commonwealth Ave

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Sold Date
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411 Pennsylvania Ave, Claymont, DE
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$400,000
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$287,000
07/28/23
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10 Seminole Ave, Claymont, DE
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$251,000
03/22/24
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2
1,525
7 Stockdale Ave, Claymont, DE
0.19
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$330,000
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1,500
214 New York Ave, Claymont, DE
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1,650
130 Woodgreen Rd, Claymont, DE
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130 Commonwealth Ave, Claymont, DE
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7 Glenrock Dr, Claymont, DE
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$350,000
08/04/23
5
3
3,000

What Locals Say about Claymont

  • Tcstgrrtg2
    "Claymont is quiet. The people are friendly and I love it here. Come here and you won’t be disappointed. "
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  • Tcstgrrtg2
    "The neighbors are lovely people, the neighborhood is quiet. There is public transportation. Easy access to 95, a short ride to Philadelphia. I love it here "
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  • Trulia User
    "Be careful of teens driving fast with kids playing out front. Stay involved in kids social life when going to surrounding schools"
    0
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  • Trulia User
    "Theres easy access to everything. Supermarkets, stores, malls, and downtown. not far from PA and Jersey. "
    0
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  • Trulia User
    "This area is not great for children, we are leaving because we want a better environment for our children. "
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  • Trulia User
    "Great place for families. Wonderful community. Clean, safe, friendly, walkable downtown. Cant get better than swarthmore. "
    0
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  • Sharnelle L.
    "It is family friendly and the school district is great. There are friendly people and lots of shopping to do."
    6
    Flag
  • Catherine F.
    "Most people use their personal cars. There are buses and train station in claymont. People are friendly but stay yo themselves. They keep their property well maintained. "
    1
    Flag
  • Faithful1008
    "We are a small community and all our children grew up together, everyone know each other. I’ve lived here for over 15 years , and though our area is small we all look out for one another , as it should be."
    3
    Flag
  • Tomica.fletcher
    "Close to the interstate highway. Easy access to Philadelphia, Nee Jersey, New York, Baltimore and DC. "
    4
    Flag
  • Gouse S.
    "Most convenient neighborhood for the couples working in Delaware, Philadelphia downtown or New Jersey areas. Easy commute to Philadelphia airport."
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  • Eric M.
    "It’s a dog friendly neighborhood. Everyone is excited to see dogs and make conversation about them. "
    1
    Flag
  • Karen R T
    "I lived in the neighborhood for 5 years...it’s quiet as far as people...the highway is noisy and drivers speed through the governors Printz extension. It should be speed bumps, because children are out riding their bikes and people are jogging. PLEASE HELP US."
    3
    Flag
  • Mrs L
    "Claymont is diverse and family friendly. Has a good school district. Nice places to eat, socialize and shop."
    1
    Flag
  • Timothylamont123
    "Easy access to major highways. Commuting is fine. No big traffic issues. Located centrally to major cities."
    1
    Flag
  • Jessica C.
    "dogs are walked frequently and if and when a dog gets loose the community/neighborhood page posts so the owners can be notified."
    1
    Flag
  • Talaya H.
    "Not many kids outside to play with. No areas to really hang out, it’s okay around here. Toddlers have a small park in the area"
    1
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  • Sheila S.
    "Claymont does have a lot of parks that parents can take their kids too. There are a few grocery stores and 2 post offices close by and most neighborhoods are good. "
    1
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  • Dogsandcatsgalore1
    "lots of dogs in this neighborhood you can hear them barking from time to time. its not really a problem. doesn't last long. most people are responsible"
    1
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  • Sharpr888
    "Terrible absolutely terrible drugs every where! Stay away!!!!! It is dangerous and drug dealers and suspicious characters walking around at all hours of the night. No parking at all "
    5
    Flag
  • Ajoyharris
    "This neighborhood has a unique dichotomy. It’s very much working class. A lot are the original owners that have lived their whole lives here. Or it’s the younger generation buying up the houses. People are friendly on my street and take pride in their homes. "
    3
    Flag
  • Epolkus
    "I grew up in the attached neighborhood so I have been in the area for 28 years. I feel safe, the neighborhood is clean and the people are friendly. "
    1
    Flag
  • Veronica R. H.
    "It’s nice and quiet and it’s really convenient to live here. Great school district and my kid has many friends here "
    1
    Flag
  • Roman D.
    "Great location. Near train station, shops and restaurants. Quiet neighborhood. "
    0
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LGBTQ Local Legal Protections

Matt Lenza, Keller Williams Realty Wilmington
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
8 Commonwealth Ave, Claymont, DE 19703 is a 16 bedroom, 10 bathroom, 11,500 sqft single-family home built in 1917. This property is currently available for sale and was listed by Bright MLS on Mar 16, 2024. The MLS # for this home is MLS# DENC2057894.